Hamburger Hafen und Logistik AG (WBO:HHFA)
€ 18.04 0.16 (0.89%) Market Cap: 1.36 Bil Enterprise Value: 2.09 Bil PE Ratio: 42.95 PB Ratio: 1.84 GF Score: 72/100

Q2 2020 Hamburger Hafen und Logistik AG Earnings Call Transcript

Aug 12, 2020 / 01:00PM GMT
Release Date Price: €16.96 (+2.42%)
Angela Titzrath
Hamburger Hafen und Logistik Aktiengesellschaft - Chairwoman of the Executive Board & CEO

Thank you. Ladies and gentlemen, we are glad to see that so many of you have dialed into our conference call today. I suppose that some of you have returned to your offices. And when you look out of the window, life seems almost normal again. There are employees going to work, school kids on their way to school and tourists visiting the city. The shutdown, which we experienced only 3 months ago seems far away. But today, we are speaking about exactly this quarter when economic and social life was put on hold. Therefore, I would like to start with a brief reminder of the events, which can be described as historic.

The coronavirus continues to spread throughout the world with different speed and intensity in the countries affected. Nearly 20 million people worldwide have been infected so far. As a countermeasure, governments shutdown, countries and regions and economies. Now a few weeks after these shutdowns, the resulting effects are becoming visible, not only in the streets, but also in

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